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Discuss the strategic importance of forecasting

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Discuss the strategic importance of forecasting. What strategic decisions do organizations need to make in terms of forecasting? What are some examples?

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[Solved] Discuss the strategic importance of forecasting

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  • Submitted On 20 Jan, 2015 08:10:48
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Forecasting is a major tool for planning. Since the future is uncertain with many parameters of importance unknown, we need to find some estimate for these parameters. Forecasting helps to arrive at these estim...

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